Wednesday, March 31, 2010
Another GLC stock, similar to MYEG. BOUGHT 10,000 RCECAP @ 0.665
RCECAP business model
- provides loans to civil servants and, through a comprehensive approach to repay the money deducted monthly.
Pay Rise, Better Economy
PDRM pay increased
- PDRM's salary adjustment made 98,747 personnel happy with each pocketing home RM1,500-RM6,000 depending on rank and the salary matrix schedule.
- Malaysian Armed Forces'(ATM) request for a salary adjustment.
- New Economic Model(NEM), with ambitious GDP growth.
Stock Focus (see graphs)
- Frequent spikes
- Supportive recent announcements
- Strong Fundamental (increasing revenue + profit)
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